Development Bank of Nigeria
Development Bank of Nigeria (DBN) has disclosed that it will join the world to amplify the voice of women, canvass gender equality and the rights of women in Nigeria
Entrepreneurs and innovators with creative ideas looking to redefine the business landscape in Nigeria are in luck as the world’s biggest business reality show, Lions’ Den is coming to Nigeria.
30 Oct 2020
The Development Bank of Nigeria (DBN) Plc has empowered about 125 entrepreneurs on how to sustainably grow their businesses through skills development and training. This is in furtherance of its mandate of building the capacity of Micro, Small and Medium Scale Enterprises (MSMEs), and equipping them with the required skills needed to improve their competence…
29 Oct 2020
The Development Bank of Nigeria (DBN) Plc has empowered about 125 entrepreneurs on how to sustainably grow their businesses through skills development and training.
29 May 2019
EdFin Microfinance Bank, Nigeria’s first specialised bank focused solely on education financing has kicked off operations in the country. According to the bank, its operations are designed to improve learning outcomes by providing financial services to private schools, school contractors, and other stakeholders in the education sector. The bank said it would enable schools to…
22 Feb 2019
At an interaction with select journalists in Lagos, the Managing Direcetor/Chief Executive, Development Bank of Nigeria (DBN), Tony Okpanachi, reiterated the need for the development finance institution in a scarce liquidity environment and the challenges of accessing funds at low interest rate amid other economic issues. Clara Nwachukwu was there. Excerpts: DBN interventions across sectors,…
25 Jan 2019
Development Bank of Nigeria (DBN), has again said the inability to on-lend to Micro, Small and Medium Enterprises (MSMEs) at a single digit as being clamoured is not solely responsible for their lack of competitiveness in the market. DBN, the latest development finance institution (DFI) set up in 2017, as wholesale lender, insisted that pricing…
24 Oct 2018
Development Bank of Nigeria (DBN) has joined the SME Finance Forum, which is a global membership network.The forum brings together financial institutions, technology companies, and development finance institutions to share knowledge...
9 Oct 2018
The Development Bank of Nigeria (DBN), has partnered with Wema Bank, to fund small businesses in order to improve their access to cheaper funds.Wema through this partnership hopes to improve access of MSMEs and commercial businesses of all business segments to funds up to N153million and N610million respectively.
21 Aug 2018
Despite efforts by financial services regulators to make funds available for small business at single-digit interest rates, banks have said this may not be possible until such facilities are made available to them by the promoters at such low rates.
25 Jun 2018
The Development Bank of Nigeria (DBN) has opened its Lagos office, located on Idejo Street in Victoria Island, to service Participating Financial Institutions (PFIs) domiciled in the commercial city of the country.
4 Apr 2017
With about 70,000 micro, small and medium enterprises seeking various forms of financial intervention to take their businesses to the next level, there are concerns about the ability of the Development Bank of Nigeria...